Table of Contents
Study Materials
Readings
 When you click the Amazon logo to the left of any citation and purchase the book (or other media) from Amazon.com, MIT OpenCourseWare will receive up to 10% of this purchase and any other purchases you make during that visit. This will not increase the cost of your purchase. Links provided are to the US Amazon site, but you can also support OCW through Amazon sites in other regions. Learn more. |
Readings in the table below refer to the course text:
Blanchard, Olivier. Macroeconomics. 3rd ed. Upper Saddle River, N.J.: Prentice Hall, 2003. ISBN: 0130671002.
It is also suggested that students get into the habit of browsing the daily newspaper The Wall Street Journal or The Financial Times or the weekly magazine The Economist at least a couple of times a month; all offer good (and well-written) coverage of economic events, and will provide some context for the course.
| ses # | TOPICS | readings |
|---|---|---|
| 1 | Lecture 1: Introduction and A Tour of the World | Chapter 1 |
| 2 | Lecture 2: Basic Definitions | Chapter 2 |
| 3 | Lecture 3: The Goods Market | Chapter 3 |
| 4 | Recitation | |
| 5 | Lecture 4: Financial Markets | Chapter 4 |
| 6 | Lecture 5: IS-LM | Chapter 5 |
| 7 | Recitation: Problem Set 1 review | |
| 8 | Lecture 6: IS-LM (cont.) | Chapter 5 |
| 9 | Lecture 7: Openness in Goods and Financial Markets | Chapter 18 |
| 10 | Recitation: Problem Set 2 review | |
| 11 | Lecture 8: Goods Market in the Open Economy | Chapter 19 |
| 12 | Lecture 9: Review | |
| Quiz 1 | ||
| 13 | Lecture 10: Finish Open Economy Goods Market Start Open Economy IS-LM | Chapters 19, 20 |
| 14 | Recitation | |
| 15 | Lecture 11: Open Economy IS-LM (cont.) Exchange Rate Regimes | Chapters 20, 21 |
| 16 | Lecture 12: The Labor Market | Chapter 6 |
| 17 | Recitation | |
| 18 | Lecture 13: AS/AD | Chapter 7 |
| 19 | Lecture 14: AS/AD (cont.) | Chapter 7 |
| 20 | Recitation | |
| 21 | Lecture 15: Phillips Curve | Chapter 8 |
| 22 | Lecture 16: Review | |
| Quiz 2 | ||
| 23 | Lecture 17: Open Economy AS/AD | Chapter 21 |
| 24 | Lecture 18: Introduction to Growth | Chapter 10 |
| 25 | Recitation | |
| 26 | Lecture 19: Solow’s Model | Chapter 11 |
| 27 | Lecture 20: Technological Progress | Chapter 12 |
| 28 | Recitation | |
| 29 | Lec 21: Technological Progress and Unemployment | Chapter 13 |
| 30 | Recitation | |
| 31 | Lecture 22: Financial Markets | Chapter 14 |
| 32 | Lecture 23: Review | |
| Quiz 3 | ||
| 33 | Lecture 24: More on Financial Markets | Chapter 15 |
| 34 | Quizzes Returned |